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Learning From The Implementation Of Residential Optional Time Of Use Pricing In The United States Electricity Industry
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Book Synopsis Learning from the implementation of residential optional time of use pricing in the United States electricity industry by : Xibao Li
Download or read book Learning from the implementation of residential optional time of use pricing in the United States electricity industry written by Xibao Li and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Learning from the Implementation of Residential Optional Time of Use Pricing in the U.S. Electricity Industry by : Xibao Li
Download or read book Learning from the Implementation of Residential Optional Time of Use Pricing in the U.S. Electricity Industry written by Xibao Li and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Residential time-of-use (TOU) rates have been in practice in the U.S. since the 1970s. However, for institutional, political, and regulatory reasons, only a very small proportion of residential customers are actually on these schedules. In this thesis, I explore why this is the case by empirically investigating two groups of questions. (1) On the "supply" side: Do utilities choose to offer TOU rates in residential sectors on their own initiative if state commissions do not order them to do so? Since utilities have other options, what is the relationship between the TOU rate and other alternatives? To answer these questions, I survey residential tariffs offered by more than 100 major investor-owned utilities, study the impact of various factors on utilities' rate-making behavior, and examine utility revealed preferences among four rate options: seasonal rates, inverted block rates, demand charges, and TOU rates. Estimated results suggest that the scale of residential sectors and the revenue contribution from residential sectors are the only two significant factors that influence utility decisions on offering TOU rates. Technical and economic considerations are not significant statistically. This implies that the little acceptance of TOU rates is partly attributed to utilities' inadequate attention to TOU rate design. (2) On the "demand" side: For utilities offering TOU tariffs, why do only a very small proportion of residential customers choose these tariffs? What factors influence customer choices? Unlike previous studies that used individual-level experimental data, this research employs actual aggregated information from 29 utilities offering optional TOU rates. By incorporating neo-classical demand analysis into an aggregated random coefficient logit model, I investigate the impact of both price and non-price tariff characteristics and non-tariff factors on customer choice behavior. The analysis indicates that customer pure tariff preference (which captures the effect of all unincluded factors) is a crucial obstacle to the public acceptance of TOU tariffs. Besides rate levels, non-price tariff characteristics and non-tariff factors are also important in influencing customer choice. It is observed that high income home owners have very different preferences than others.
Book Synopsis Electricity Pricing in Transition by : Ahmad Faruqui
Download or read book Electricity Pricing in Transition written by Ahmad Faruqui and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity Pricing In Transition is written to address the new issues facing utilities, retailers, regulators, and customers in the changing electricity market. It is organized into five sections. Section I deals with the new restructured organization that has emerged from yesterday's vertically integrated, regulated monopoly company. Section II deals with issues in competitive pricing. Section III reviews the role of demand response and product design in today's chaotic marketplace. Given the single importance of California's energy crisis and the fact that it will be studied for years to come, Section IV is devoted to studying the lessons learned from this crisis. The final section of the book deals with markets and regulations. This book will provide practitioners with guidance on how to avoid the major pitfalls in pricing electricity while the market is in transition by drawing upon the insights and lessons learned from the experience of others that are documented in this book.
Book Synopsis Optional Time-of-use Prices for Electricity by :
Download or read book Optional Time-of-use Prices for Electricity written by and published by . This book was released on 1992 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine customers' time-of-use (TOU) demand for electricity and their choice between standard and TOU rate schedules. We specify an econometric model in which the customer's demand curves determine the customer's choice of rate schedule. We estimate the model on data from Pacific Gas & Electric Company's experiment with optional TOU prices in the residential sector. With the model, we compare the TOU consumption and price elasticities of customers who chose TOU rates with those who chose standard rates. We also estimate the impact of the TOU rates on the utility's revenues and costs. The analysis suggests that the TOU rates offered under PG & E's experiment decreased PG & E's profits and hence contributed to higher general rate levels. The model can be used, however, to design optional TOU rates that increase profits and lower general rate levels.
Author :United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Conservation and Regulation Publisher : ISBN 13 : Total Pages :880 pages Book Rating :4.0/5 ( download)
Book Synopsis Public Utility Rate Proposals of President Carter's Energy Program (part E of S. 1469) by : United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Conservation and Regulation
Download or read book Public Utility Rate Proposals of President Carter's Energy Program (part E of S. 1469) written by United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Conservation and Regulation and published by . This book was released on 1978 with total page 880 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Committee on Energy and Natural Resources Publisher : ISBN 13 : Total Pages :912 pages Book Rating :4.:/5 (35 download)
Book Synopsis Hearings, Reports and Prints of the Senate Committee on Energy and Natural Resources by : United States. Congress. Senate. Committee on Energy and Natural Resources
Download or read book Hearings, Reports and Prints of the Senate Committee on Energy and Natural Resources written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on with total page 912 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis American Doctoral Dissertations by :
Download or read book American Doctoral Dissertations written by and published by . This book was released on 2002 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Time-of-day Electricity Rates for the United States by :
Download or read book Time-of-day Electricity Rates for the United States written by and published by . This book was released on 1983 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Electric Utility Rate Design Proposals by : United States. Office of Energy Conservation and Environment
Download or read book Electric Utility Rate Design Proposals written by United States. Office of Energy Conservation and Environment and published by . This book was released on 1977 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Electric Utility Rate Reform and Regulatory Improvement by : United States. Congress. Senate. Committee on Commerce
Download or read book Electric Utility Rate Reform and Regulatory Improvement written by United States. Congress. Senate. Committee on Commerce and published by . This book was released on 1976 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Public Works and Transportation Publisher : ISBN 13 : Total Pages :418 pages Book Rating :4.F/5 ( download)
Book Synopsis The Effect of TVA Electric Rates on Homeowners, Business, and Industrial Activities, TVA Economic Development Activities, Contracting Out Policies, the Fertilizer Center Activities, and the TVA Board Structure and Functions by : United States. Congress. House. Committee on Public Works and Transportation
Download or read book The Effect of TVA Electric Rates on Homeowners, Business, and Industrial Activities, TVA Economic Development Activities, Contracting Out Policies, the Fertilizer Center Activities, and the TVA Board Structure and Functions written by United States. Congress. House. Committee on Public Works and Transportation and published by . This book was released on 1982 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Optional Time-of-use Prices for Electricity by :
Download or read book Optional Time-of-use Prices for Electricity written by and published by . This book was released on 1992 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine customers' time-of-use (TOU) demand for electricity and their choice between standard and TOU rate schedules. We specify an econometric model in which the customer's demand curves determine the customer's choice of rate schedule. We estimate the model on data from Pacific Gas Electric Company's experiment with optional TOU prices in the residential sector. With the model, we compare the TOU consumption and price elasticities of customers who chose TOU rates with those who chose standard rates. We also estimate the impact of the TOU rates on the utility's revenues and costs. The analysis suggests that the TOU rates offered under PG E's experiment decreased PG E's profits and hence contributed to higher general rate levels. The model can be used, however, to design optional TOU rates that increase profits and lower general rate levels.
Book Synopsis Energy Abstracts for Policy Analysis by :
Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1981 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Innovative Electric Rates by : Sanford V. Berg
Download or read book Innovative Electric Rates written by Sanford V. Berg and published by Free Press. This book was released on 1983 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The California Electricity Crisis by : Christopher Weare
Download or read book The California Electricity Crisis written by Christopher Weare and published by Public Policy Instit. of CA. This book was released on 2003 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Energy and Power Publisher : ISBN 13 : Total Pages :908 pages Book Rating :4.:/5 (31 download)
Book Synopsis Electric Utility Rate Reform and Regulatory Improvement: Serial No. 94-128 by : United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Energy and Power
Download or read book Electric Utility Rate Reform and Regulatory Improvement: Serial No. 94-128 written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Energy and Power and published by . This book was released on 1976 with total page 908 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Time of Day Rates for Residential and Larger Commercial and Industrial Customers by : Jan Paul Acton
Download or read book Time of Day Rates for Residential and Larger Commercial and Industrial Customers written by Jan Paul Acton and published by . This book was released on 1983 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
